Oil and petrochemical profits grow 21% in 2007

Energy

Thursday, October 16, 2008 00:35:52

	Oil and petrochemical profits grow 21% in 2007 By STAFF EDITOR Published: January 03, 2008 12:00 PM The combined full-year profits of China’s oil and petrochemical companies grew 21% to US$72.67 billion (RMB530 billion) in 2007 due to growth in both demand and prices, Economic Daily reported, citing figures from the China Petroleum and Chemical Industry Association. PetroChina and Sinopec led the ... You are currently reading 46 words of 141 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: chemical industry , sinopec , oil , natural gas	More Articles in Energy > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > CNOOC targets oil refineries in Shandong What do oil price hikes mean for China? Sinopec to build 12m ton refinery in Shanghai Sinopec allowed to build nation’s No 1 refinery China emerges as photovoltaic leader Xinjiang to double crude output by 2012 Shanxi firm to build nation’s 2nd largest dimethylether plant

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